The Republican governors of Alaska, Iowa, Missouri and Mississippi are all shutting off federal pandemic unemployment benefits three months early.
Category Archives: business
Chicago set to lift all remaining restrictions as Covid cases drop
As Covid-19 cases drop in Chicago, Illinois, city officials are set to lift all remaining Covid-19 restrictions, although some mask rules will stay in effect. NBC News’ Shaq Brewster is at Chicago’s Wrigley Field to explain what the reopening will look like and how vaccine rates have impacted the decision to reopen.
Human smugglers with links to cartels operate on Facebook in plain sight, report alleges
“You have people who are in very desperate, vulnerable situations commingling with people that are parts of organized criminal networks, including cartels and gangs,” one expert said.
Goldman Sachs memo stirs up debate on employee vaccinations
Employers have started asking for vaccination status because they are actively in planning mode for the return to work.
Meme stocks and a booming market: How household net worth doubled in the past decade
The total balance sheet for households and nonprofits rose to $136.9 trillion in the first quarter, a 3.8 percent gain from the end of 2020.
Consumer prices surged 5 percent in May, fastest pace since 2008
Spiking demand and limited supply in the reopening economy drove higher price increases for a second consecutive month.
Employees resist returning to work as businesses reopen nationwide
As many Covid-19 restrictions are lifted across the country, some reopening businesses are struggling to find employees amid a nationwide labor shortage. NBC News’ Ben Popken breaks down why workers are hesitant to return to the workplace and how businesses are coping.
World's largest beef supplier pays $11 million to ransomware hackers
The company was hacked in May by a Russian-speaking hacker gang, which led meat plants across the U.S. and Australia to shut down for at least a day.
Keystone XL pipeline project officially terminated by Canadian energy company
TC Energy said on Wednesday it had scrapped the $9 billion project, months after U.S. President Joe Biden revoked a key permit.
Why Ferrari picked an electronics pioneer with a degree in subnuclear physics for its new CEO
The “highly unexpected” move surprised industry insiders, who had expected the iconic Italian brand to draw from the luxury or consumer goods sector.